Understanding Trust Administration
When one or more individuals create a trust, they name one or more trustees to oversee the administration of the trust after they are no longer able to act as trustee due to death or incapacity. This is known as a “successor trustee” and is often a relative or friend.
Successor trustees, as well as surviving spouses, are often at a loss as to how to administer the trust, make distributions to trust beneficiaries, comply with the terms of the trust and the law, and deal with conflict among beneficiaries.
In addition, beneficiaries are often confused as to what the terms of the trust mean and what their rights are under the terms of the trust and the law.
An Experienced Trust Administration Attorney Can Help
The Law Office of Carol A. Fauerbach guides trustees through the trust administration process, including:
- Interpreting the terms of the trust
- Providing legally required notices to beneficiaries
- Trust accounting
- Distribution to beneficiaries
- Step-by-step guidance throughout the trust administration process
The Law Office of Carol A. Fauerbach is also often approached by beneficiaries of trusts who are unclear as to the terms of the trust as well as their rights under the trust and the law. Our office can provide explanation and guidance to these beneficiaries.
Contact The Firm For A Free Initial Phone Consultation
If you have questions or require assistance regarding a matter involving a trust, speak with an experienced trust administration attorney. Send an email or call The Law Office of Carol A. Fauerbach in Folsom at 916-302-0285 for a free initial phone consultation.